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Tuesday, October 8, 2024
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HomeEconomyIndia's fuel demand fell 1.6% y/y in Sept

India’s fuel demand fell 1.6% y/y in Sept

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NEW DELHI, Oct 8 (Reuters) – India’s fuel demand fell 1.6% in Sept compared with the same month last year.

Consumption of fuel, a proxy for oil demand, totalled 17.92 million metric tons, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.

Sales of gasoline, or petrol, were 3.0% higher from a year earlier at 3.15 million metric tons.

Diesel consumption was down 1.8% and totaled 6.37 million metric tons in Sept.

Cooking gas or liquefied petroleum gas (LPG) sales increased 1.6% to 2.59 million metric tons, while naphtha sales surged 0.6% to 1.03 million metric tons.

Sales of bitumen, used for making roads, were 0.4% up, while fuel oil use edged up 6.1% in Sept.

(Reporting by Bengaluru Commodities Desk) ( BLRCEEditorial@thomsonreuters.com )

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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